Product Overview

It is possible to incorporate a silicon rubber heating element into a surface that needs a heating and mold it to the form of the heated object. In design and implementation, these components are versatile in order to accommodate the unique shapes and sizes of objects. Additionally, most shapes, sizes, or contours can be used without compromising reliability to apply direct and effective heat. These are capable of working under many adverse conditions with high performance and are also light in weight and simple to use. In many applications where weight is a concern and the room for placing the heater is small, the low thermal mass of flexible heaters enables them to be used. They have a wide variety of applications that are automotive, commercial, and military. Silicon rubber is commonly used due to its various properties, such as being durable, robust, precise, and resistant to chemicals and moisture.

Market Highlights

Global Silicon Rubber Heating Element Market is expected to project a notable CAGR in 2030.

Global Silicon Rubber Heating Element Market to surpass USD XX.X Million by 2030 from USD XX.XX Million in terms of value growing at a CAGR of XX.X% throughout the forecast period, i.e., 2019-30. In various sectors, such as hotplates, tank heating, cabinet warming/telecoms, drum heating/trace heating, and refrigeration/catering equipment, silicon rubber heating elements are used. The demand for silicon rubber heating elements is expected to increase at a significant rate during the forecast period due to such diverse applications. With the rising demand for personalized goods across different end-use industries, compared to conventionally used techniques, silicon rubber heating elements provide a better alternative. During the forecast period, the market is expected to see robust growth in demand for flexible heating elements, which can be attributed to the growing use of these elements in the food, semiconductor, and pharmaceutical sectors.

Global Silicon Rubber Heating Element Market: Segments

1.5W/M. K~3.0W/M. K Segment to grow with the highest CAGR of 4.7% during 2019-30

Global Silicon Rubber Heating Element Market is segmented by type as 0.8W/M.K~1.5W/M.K, and 1.5W/M.K~3.0W/M.K. The 1.5W/M.K~3.0W/M.K segment is estimated to lead the silicon rubber heating element market in 2018 and this trend is expected to continue during the forecast period. The use of these heaters in semiconductor systems (plasma etching systems, probing stations, IC test handling equipment, photo-resistant track systems), electronic appliances (refrigeration equipment, coffee makers, and wax makers), and medical, aerospace & defense, food & beverage, automotive and oil & gas applications is due to the largest market size of silicone rubber-based heating elements During the forecast period, growing demand for such systems and products is expected to push the silicone rubber-based flexible heater market towards the highest growth. They are robust and can withstand the 450 ° F (232 ° C) maximum operating temperature.

Semi-Conductor Segment to grow with the highest CAGR during 2019-30

Global Silicon Rubber Heating Element Market is segmented by Application into Food Industry, Semiconductor Industry, Pharmaceutical industry, Transportation and Others. Electronics and semiconductors are expected to have the highest market share among different industries and exhibit the highest CAGR in the flexible heater market during the forecast period. These heaters are used in the manufacture of semiconductors, such as plasma etching devices, test stations, IC test handling facilities, photo-resist track systems, copy machines, preheating LCD displays, ATM machines, modules for semiconductor testing, handheld scanners, and various other equipment. Flexible heater applications can also be used in electronics, such as refrigeration appliances, coffee makers, and wax makers. The market for flexible heaters used in the electronics and semiconductor industries is expected to be driven by increased demand for such products.

Global Silicon Rubber Heating Element Market: Market Dynamics

Drivers

Rising demand for various end-use industries

Global heating element usage depends on the growing demand for various industries such as automotive, aerospace, and food and beverages for end-use. Electronics and digital devices, including temperature-resistant detectors, liquid crystal displays (LCDs), industrial food equipment, 3D printers, surgical devices, and other smart devices, are rapidly being consumed. Besides, their growing use is due to developments in versatile heaters with advanced technology and reductions in cost. All such variables are anticipated to drive the global demand for versatile heaters over the forecast period.

Availability in diverse product portfolio

Heating components of silicone rubber are made from engraved heating foils or heating wires that are insulated and encapsulated between two silicone mats supported by fibers of textile glass. For applications that require homogeneous heat and precise distribution of temperature, silicone heater mats are suitable. Silicone heater mats are characterized by outstanding controllability and rapid response due to low thermal mass. For various aerospace applications, the tiny construction height and the low mass of silicone heater mats make them exceptional. These mats for catering machines, laboratory equipment, and electronic components support moisture and humidity resistance.

Restrain

Temperature Limitations

To prevent malfunctions in products or electronics, many systems must have a fixed temperature. In the food industry, temperature limits are often generally found. Before being served, cooked food that is kept warm with adjustable heaters should not go below a certain temperature or the food can become unhealthy to consume. Some foods and drinks will also need to be heated to a temperature so that they can be dispensed by machines properly. Furthermore, the thickness of the materials to be heated may also influence the element's effectiveness. Off-gassing is another element to consider. Over time, some materials can emit gas. In vacuum conditions, this can affect applications

Global Silicon Rubber Heating Element Market: Key Players

NIBE Element

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Horn GmbH

Watlow

Zoppas

Minco

OMEGA

Honeywell

Winkler

Electricfor

Holroyd Components

Hotset

THERMELEC

Chromalox

Wattco

Durex

Friedr.Freek

Bucan

Global Silicon Rubber Heating Element Market: Regions

Global Silicon Rubber Heating Element Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Silicon Rubber Heating Element Market Due to the high demand for different types of flexible heaters, such as silicon rubber, polyimide film, and polyester heaters in these regions, North America and Europe are expected to record substantial growth. Over the forecast era, the Middle East & Africa, followed by Latin America, are expected to experience a steady growth rate in the market for silicon rubber heating elements. Due to heavy investments in China and India in innovation and growth, as well as technological advances in electronic and smart devices, automotive, and other industries, Asia Pacific is expected to account for a significant share in the market for silicon rubber heating elements.

Competitive Landscape:

Global Silicon Rubber Heating Element market, which is highly competitive, consists of several major players such as NIBE Industrier AB (Sweden), Honeywell International Inc. (US) hold a substantial market share in the Global Silicon Rubber Heating Element market. Other players analyzed in this report are Omega Engineering (US), Watlow Electric Manufacturing (US), Smiths Group plc (UK), Chromalox (US), Rogers Corporation (US), Minco Products, Inc. (US), Zoppas Industries S.P.A. (Italy), All Flex Flexible Circuits (US) among others.

Key players are adopting in-organic growth strategies such as product launches in the global nutritional supplement market. For instance, In July 2018, Watlow introduced a new heater product catalog titled, “Heating Solutions; Thermal Systems for Every Application.”

Global Silicon Rubber Heating Element Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Silicon Rubber Heating Element Market report also contains analysis on:

Global Silicon Rubber Heating Element Market Segments:

By Type:

0.8W/M.K~1.5W/M.K

1.5W/M.K~3.0W/M.K

By Application:

Food Industry

Semiconductor Industry

Pharmaceutical industry

Transportation

Others

Global Silicon Rubber Heating Element Market Dynamics

Global Silicon Rubber Heating Element Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Silicon Rubber Heating Element Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Silicon Rubber Heating Element Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Silicon Rubber Heating Element Market

1. Market Size & forecast, 2019A-2030F

1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Silicon Rubber Heating Element: Market Segmentation

1. By Regions

1. North America: By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Europe: By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Asia-Pacific: By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. MEA: By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. Latin America: By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Type: Market Share (2020-2030F)

1. 0.8W/M.K~1.5W/M.K, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. 1.5W/M.K~3.0W/M.K, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. By Application: Market Share (2020-2030F)

1. Food Industry, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Semiconductor Industry, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Pharmaceutical industry, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Chemicals & Petrochemicals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. Transportation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

Company Profile

1. NIBE Element

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Horn GmbH

3. Watlow

4. Zoppas

5. Minco

6. OMEGA

7. Honeywell

8. Winkler

9. Electricfor

10. Holroyd Components

11. Hotset

12. THERMELEC

13. Chromalox

14. Wattco

15. Durex

16. Friedr.Freek

17. Bucan

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)